OverviewSuggest Edit

Echo Global Logistics is a leading provider of technology-enabled transportation and supply chain management services. The Company offers freight brokerage and Managed Transportation solutions for all major modes, including truckload, partial truckload, LTL, intermodal, and expedited. Echo maintains a proprietary, web-based technology platform that compiles and analyzes data from its network of transportation providers to serve clients across a wide range of industries and simplify the critical tasks involved in transportation management.

TypePublic
Founded2005
HQChicago, IL, US
Websiteecho.com
Employee Ratings3.7
Overall CultureD

Latest Updates

Employees (est.) (Dec 2018)2,595(+6%)
Job Openings82
Revenue (FY, 2020)$2.5 B(+15%)
Share Price (Jul 2021)$28.3(+3%)
Cybersecurity ratingBMore

Key People/Management at Echo Global Logistics

Douglas R. Waggoner

Douglas R. Waggoner

Chairman of the Board and Chief Executive Officer
David B. Menzel

David B. Menzel

President and Chief Operating Officer
Evan Schumacher

Evan Schumacher

Chief Commercial Officer
Peter M. Rogers

Peter M. Rogers

Chief Financial Officer
Sean Burke

Sean Burke

Chief Commercial Officer
Paula Frey

Paula Frey

Chief Human Resources Officer
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Echo Global Logistics Office Locations

Echo Global Logistics has an office in Chicago
Chicago, IL, US (HQ)
600 W Chicago Ave
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Echo Global Logistics Financials and Metrics

Echo Global Logistics Revenue

Echo Global Logistics's revenue was reported to be $2.51 b in FY, 2020
USD

Revenue (FY, 2020)

2.5b

Gross profit (FY, 2020)

393.2m

Gross profit margin (FY, 2020), %

15.7%

Net income (FY, 2020)

15.8m

EBIT (FY, 2020)

29.5m

Market capitalization (22-Jul-2021)

754.1m

Closing stock price (22-Jul-2021)

28.3

Cash (31-Dec-2020)

41.3m

EV

878.4m
Echo Global Logistics's current market capitalization is $754.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.2b1.7b1.9b2.4b2.2b2.5b

Revenue growth, %

33%29%13%

Cost of goods sold

1.6b2.0b1.8b2.1b

Gross profit

339.0m420.4m386.0m393.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

311.9m320.6m458.7m450.0m405.3m443.8m460.2m415.8m509.5m577.1m634.8m644.8m538.1m553.8m561.4m551.0m514.7m691.5m

Cost of goods sold

422.8m477.2m528.0m533.6m439.3m453.2m464.5m461.1m426.7m591.0m

Gross profit

86.7m99.9m106.8m111.2m98.8m100.6m97.0m89.9m88.0m100.4m

Gross profit Margin, %

17%17%17%17%18%18%17%16%17%15%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

47.0m41.8m52.5m32.5m56.5m16.6m23.5m40.3m34.6m41.3m

Accounts Receivable

89.2m96.6m109.7m145.2m196.4m309.7m337.4m287.0m

Prepaid Expenses

4.6m2.5m2.5m2.8m3.6m6.2m9.0m9.0m9.3m

Inventories

Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

12.0m12.3m14.2m16.8m7.8m1.6m12.6m28.7m14.8m15.8m

Depreciation and Amortization

8.3m9.1m10.6m13.9m24.1m32.1m32.7m36.6m38.4m38.5m

Accounts Payable

15.2m(4.8m)4.7m11.5m5.7m31.4m58.1m11.2m(28.6m)129.9m

Cash From Operating Activities

15.7m22.8m24.8m32.4m70.8m59.7m48.7m94.2m84.5m63.8m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

5.1m8.5m3.3m6.7m9.0m3.0m7.1m11.5m2.4m6.7m12.1m3.3m2.6m6.1m262.6k2.2m4.6m(2.9m)(3.1m)(725.7k)4.7m12.4m21.8m3.5m8.6m13.4m(2.9m)(2.0m)4.8m

Depreciation and Amortization

4.0m6.2m2.0m4.2m6.5m2.6m5.2m7.9m3.0m6.4m10.1m3.9m9.1m16.6m7.5m15.1m23.7m8.0m16.0m24.1m8.9m17.9m27.2m9.5m19.3m28.9m9.8m19.6m29.3m

Accounts Payable

9.8m12.7m(3.4m)2.5m629.2k6.8m10.0m11.2m20.5m28.2m29.5m12.4m35.8m31.5m12.4m29.2m41.7m10.9m41.2m62.8m22.5m63.5m47.5m2.9m3.8m(5.2m)49.4m26.1m142.5m

Cash From Operating Activities

2.5m8.9m4.4m5.6m13.0m6.2m10.9m21.7m10.2m18.4m27.0m9.4m34.7m52.8m14.3m33.4m55.1m14.1m25.4m41.2m17.7m34.7m63.0m24.1m51.2m68.3m9.7m35.8m53.4m
USDQ2, 2011

Financial Leverage

1.6 x
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Echo Global Logistics Operating Metrics

FY, 2014FY, 2015FY, 2016Aug, 2017

Acquisitions

20

Carriers

49 k

Sales Offices

333430
Show all operating metrics

Echo Global Logistics Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Echo Global Logistics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Echo Global Logistics Online and Social Media Presence

Embed Graph

Echo Global Logistics Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    D-

    56/100

  • Compensation

    C

    64/100

  • Diversity

    F

    42/100

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Echo Global Logistics News and Updates

A. Duie Pyle Named Regional LTL Carrier Platinum Award Winner by Echo Global Logistics

The premier transportation provider receives award for outstanding service, commitment and performance The premier transportation provider receives award for outstanding service, commitment and performance

Echo Global Logistics Fourth Quarter 2020 Earnings Release and Conference Call Scheduled for Wednesday, February 3, 2021

CHICAGO, Jan. 11, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release fourth quarter 2020 earnings results after the market close on Wednesday,...

Holland Recognized with 2019 Regional LTL Carrier’s Platinum Award by Echo Global Logistics

OVERLAND PARK, Kan., July 09, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: YRCW) Holland has been recognized with the 2019 Regional LTL Carrier’s Platinum Award by Echo Global Logistics.

Echo Global Logistics Fourth Quarter 2019 Earnings Release and Conference Call Scheduled for Wednesday, February 5, 2020

CHICAGO, Jan. 17, 2020 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release fourth quarter 2019 earnings results after the market close on Wednesday,...

Holland Honored as the 2018 Regional LTL Carrier of the Year by Echo Global Logistics

HOLLAND, Mich., March 05, 2019 (GLOBE NEWSWIRE) -- Holland, the leader in Central and Southeastern United States next-day delivery, has been recognized by Echo Global Logistics with its 2018 Regional LTL Carrier of the Year award.

Echo Global Logistics Named to FL100+ List of Top Technology Providers

Annual list honors the top software and technology providers serving the food and beverage supply chain Annual list honors the top software and technology providers serving the food and beverage supply chain
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Echo Global Logistics Blogs

Operation Safe Driver Week 2021: How Shippers and Carriers Can Prepare

Operation Safe Driver Week 2021: How Shippers and Carriers Can Prepare Lauren Marciano Thu, 07/01/2021 - 10:33 The Commercial Vehicle Safety Alliance’s (CVSA) Operation Safe Driver Week will take place July 11-17, 2021. During this weeklong initiative, law enforc…

The Most Common Ways Freight Gets Stolen and How to Prevent It from Happening to You

The Most Common Ways Freight Gets Stolen and How to Prevent It from Happening to You Molly Mangan Wed, 06/23/2021 - 11:21 With so many high-value products shipped around the country every day, it's no surprise criminals target freight. Food, electronics, household…

What Shippers Can Expect from Produce Season 2021

What Shippers Can Expect from Produce Season 2021 Sean Burke Thu, 05/27/2021 - 10:13 One of the most significant events on the supply chain calendar of U.S. shippers is produce season, a time when perishable vegetables and fruits are harvested in southern climates…

LTL Freight Market: Carrier Capacity Update

LTL Freight Market: Carrier Capacity Update Mark Redini Tue, 05/25/2021 - 12:26 When procuring transportation services, shippers primarily consider three factors: service, cost, and capacity. While all three factors are in some degree of consideration when freigh…

What Shippers and Carriers Can Do to Get Ready for CVSA’s International Roadcheck 2021

What Shippers and Carriers Can Do to Get Ready for CVSA’s International Roadcheck 2021 Dave Ardell Mon, 04/26/2021 - 10:33 The Commercial Vehicle Safety Alliance’s (CVSA) International Roadcheck will take place May 4-6, 2021, a few months earlier than last year. O…

LTL Freight Market Update: Industrywide LTL Capacity Challenges

LTL Freight Market Update: Industrywide LTL Capacity Challenges Sean Burke Tue, 03/23/2021 - 11:04 The LTL market continues to experience significant capacity issues due to the rippling effects of the COVID-19 pandemic as well as regular seasonal spikes. At Echo G…
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Echo Global Logistics Frequently Asked Questions

  • When was Echo Global Logistics founded?

    Echo Global Logistics was founded in 2005.

  • Who are Echo Global Logistics key executives?

    Echo Global Logistics's key executives are Douglas R. Waggoner, David B. Menzel and Evan Schumacher.

  • How many employees does Echo Global Logistics have?

    Echo Global Logistics has 2,595 employees.

  • What is Echo Global Logistics revenue?

    Latest Echo Global Logistics annual revenue is $2.5 b.

  • What is Echo Global Logistics revenue per employee?

    Latest Echo Global Logistics revenue per employee is $967.8 k.

  • Who are Echo Global Logistics competitors?

    Competitors of Echo Global Logistics include Uber Freight, Epic Gas and Panalpina.

  • Where is Echo Global Logistics headquarters?

    Echo Global Logistics headquarters is located at 600 W Chicago Ave, Chicago.

  • Where are Echo Global Logistics offices?

    Echo Global Logistics has an office in Chicago.

  • How many offices does Echo Global Logistics have?

    Echo Global Logistics has 1 office.